@return2ozma to United States | News & [email protected] • 1 day agoJudge blocks Albertsons-Kroger $25 billion supermarket mergerwww.nbcnews.comexternal-linkmessage-square4arrow-up132arrow-down13cross-posted to: economics
arrow-up129arrow-down1external-linkJudge blocks Albertsons-Kroger $25 billion supermarket mergerwww.nbcnews.com@return2ozma to United States | News & [email protected] • 1 day agomessage-square4cross-posted to: economics
minus-square@jordanlundlink7•1 day agoIt was bad enough when Safeway and Albertson’s merged. There were major shenanigans afoot when that happened. In order to get approval for THAT deal, Albertson’s had agreed to sell off some stores to Haggen. https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/ That resulted in a $1B lawsuit.
It was bad enough when Safeway and Albertson’s merged. There were major shenanigans afoot when that happened.
In order to get approval for THAT deal, Albertson’s had agreed to sell off some stores to Haggen.
https://www.tucsonsentinel.com/local/report/090115_haggen/haggen-sues-albertsons-1-billion-over-grocery-deal/
That resulted in a $1B lawsuit.